Hyundai Nishat Owner Wants to Import Car Parts From India

[SEOminati]

Be warned: Hyundai India and Kia India make sub standard cars for the Indian market.

Are Indian Hyundais different from developed market Hyundais? If so, how?

Are Indian Hyundais different from developed market Hyundais? If so, how?

www.team-bhp.com

You'd be better off with a Tata or a Mahindra (Both of them topping the Charts in the GNCAP tests for cars sold in India)

It's the same here anyways. We get a generation old car in the name of latest and that too with trimmed features.

 

[Dalit]

Rent seeker Mansha is always crying. Why he doesn't invest in local manufacturing like Indians have done to not have to import everything for cars. And what territories issues we have with China?

These people are failures. They only know how to outsource.

 

[Azadkashmir]

burn down his business.

 

[pak1234]

Interesting

 

[Bouncer]

Of course he wants to import shit from India now that Shareef family is in power again. Everyone is a winner.. the rent seeking auto industry, the noonies who make a commission and hindu extremists.

 

[Wood]

Why call this guy a rent seeker? Can someone explain the joke?

 

[PradoTLC]

Not going to happen …

As long as india restricts / ban Pakistani exports I don’t see any reason for this

Besides why give money to an enemy that funds terrorism in Pakistan

 

[Thəorətic Muslim]

Why call this guy a rent seeker? Can someone explain the joke?

It's an economics term where the individual/entity only seeks to collect wealth rather than inputting productivity into the system.

 

[Pak Nationalist]

The local currency devaluation increased freight charges, and rising raw material costs have prompted automakers to increase the prices of their cars. One of the automotive groups may have suggested a solution to this problem.

​

In his discussion with The Indian Express, the owner of Hyundai Nishat Motors Private Limited (HNMPL), Mian Mohammed Mansha, said that importing car parts from India can prove to be beneficial for the Pakistani car market.

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He stated that:


Pakistan had halted trade activities with India in August 2019 after India’s decision to abolish the regulation that granted occupied Kashmir special status. Mansha stated, “I think we need to move ahead on the resolution of the Kashmir issue, we could take small steps. I do think we need to lower the temperature.”

Hyundai in India​

Hyundai is among the largest automotive companies in India that manufactures a vast range of fully indigenous vehicles. The company has three manufacturing plants in India that collectively churn out 740,000 cars per year.

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Currently, Hyundai Tucson is the only passenger vehicle that both, Hyundai Motor India and HNMPL have in common. The price of Hyundai Tucson in India starts at INR 2.27 million (5.47 million PKR) and goes up to INR 2.74 (6.6 million PKR). Although Tucson’s price in Pakistan is less than that in India, the latter has more variants and each variant has better features.

Pakistani Auto Policy​

Pakistan’s latest auto policy encourages automakers to move towards local manufacturing of vehicles. It seeks to create a fully indigenous automotive industry like that in India, so as to reduce import bills and bolster the local industry.


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Automakers are still relying on Completely Knocked Down (CKD ) kits imported from overseas to carry out local assembly of their vehicles. Such a business model is more prone to feel the heat of logistical costs and turbulent local currency.

With the recent views of its owner, it seems that HNMPL is far from willing to pursue local car production in Pakistan.

Hyundai Nishat Owner Wants to Import Car Parts From India

The local currency devaluation increased freight charges, and rising raw material costs have prompted automakers to increase the prices of their cars. One

propakistani.pk

Aha! So that was why Mansha was singing hymns of Aman ki aasha and capitulation.

Rent seeker Mansha is always crying. Why he doesn't invest in local manufacturing like Indians have done to not have to import everything for cars. And what territories issues we have with China?

Bullseye! Rent-seeking indeed.

 

[TNT]

Why not invest and manufacture parts locally, it will provide jobs as well and train human resource. But i guess these dukaandars only like imports.

 

[Indus Pakistan]

Mian Mohammed Mansha, said that importing car parts from India can prove to be beneficial for the Pakistani car market.

Okay Mr Mansha, fair point. May I ask you why should we buy cars from your 'cottage industry'? If the parts are cheaper for you if you import from India then surely customers should be able to buy cars from Hyundai India because they are even cheaper?

But I bet your not happy about that are you? You want selective restrictions that enable you to screw the Pak customer but you get the freedom to buy it cheap from India.

 

[Wood]

Pakistan may not be able to manufacture these parts locally because of competitive reasons. For instance, India used to make its own APIs (Active Pharma Ingredients) for the local drug manufacturing. But then the produced medicines were too expensive for export. Chinese were able to export the same APIs at a 40% lower price. So today, India imports most of the APIs for drug manufacturing from China. Government is trying to promote major subsidies for local API production to remove this critical dependency on supply chain. But industry believes that Chinese imports are still 20% cheaper and switching to local production will simply make Indian pharma sector uncompetitive.

I've seen Pakistanis in this forum complain about high car prices. Do you really want them to be more expensive? And the car assembling plants in your country to go out of business?

 

[SaadH]

Right out of the Darnomics playbook, boost imports and debt fuel consumption to kill local industries and manufacturing...

 

[hydrabadi_arab]

Pakistan may not be able to manufacture these parts locally because of competitive reasons. For instance, India used to make its own APIs (Active Pharma Ingredients) for the local drug manufacturing. But then the produced medicines were too expensive for export. Chinese were able to export the same APIs at a 40% lower price. So today, India imports most of the APIs for drug manufacturing from China. Government is trying to promote major subsidies for local API production to remove this critical dependency on supply chain. But industry believes that Chinese imports are still 20% cheaper and switching to local production will simply make Indian pharma sector uncompetitive.

I've seen Pakistanis in this forum complain about high car prices. Do you really want them to be more expensive? And the car assembling plants in your country to go out of business?

With new policy if some company manufacture car part locally then govt will increase import tax on that part. So that other companies buy locally instead of importing. Changan is planning to manufacture 80% of parts locally in few years. Changan will also export right hand drive cars from Pakistan.

Master Changan Motors CEO Reveals Plans for Future SUVs and Electric Cars

Master Changan Motors Limited (MCML) has fast become one of the most prominent carmakers in Pakistan due to its competent lineup. Like many other

propakistani.pk

 

[Wood]

With new policy if some company manufacture car part locally then govt will increase import tax on that part. So that other companies buy locally instead of importing. Changan is planning to manufacture 80% of parts locally in few years. Changan will also export right hand drive cars from Pakistan.

Master Changan Motors CEO Reveals Plans for Future SUVs and Electric Cars

Master Changan Motors Limited (MCML) has fast become one of the most prominent carmakers in Pakistan due to its competent lineup. Like many other

propakistani.pk

This will not always be good enough. What if the cost of the locally made part increases the cost of the car significantly to the point that it is not affordable? How long will it take for all car manufactures to set up the supply chain?

For government intervention to really work, the state should be prepared to offer direct and significant subsidies in a way that the business has a low probability of taking loss. If the government can do that, then of course private enterprises will manufacture everything locally.